Article 1048. Distribution of profits.

The profit received by the partners as a result of their joint activity is distributed in proportion to the value of the contributions of the partners to the common business, unless otherwise provided by the simple partnership agreement or other agreement of the partners. The agreement on the elimination of any of the partners from participation in the profit is void.

<< Article 1047 TKRF Back to table of contents Article 1049 TKRF >>

References to other articles of chapter 55. Simple partnership:
Article 1041. Simple partnership agreement.
Article 1042. Contributions of the partners.
Article 1043. The common property of the partners.
Article 1044. Conducting the common affairs of comrades.
Article 1045. The right of a partner to information.
Article 1046. Common expenses and losses of partners.
Article 1047. Responsibility of partners for common obligations.
Article 1049. Allotment of the share of a partner at the request of his creditor.
Article 1050. Termination of a simple partnership agreement.
Article 1051. Waiver of an open-ended contract of simple partnership.
Article 1052. Termination of a simple partnership agreement at the request of a party.
Article 1053. The liability of a partner in respect of whom the simple partnership agreement has been terminated.
Article 1054. Secret partnership.